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Gareth,

Okay, cool. Yes I did turn the legend on. I can change the text no problem, just wanted to confirm that the legend is incorrect by default.

Thanks again for your help!

Thanks. Shouldn't the blue series in the impulse response chart be SERIES_OF_INTEREST, i.e. the series whose response we are interested in, and not LEADING_SERIES, i.e. the series we shocked? A One S.D. shock to LEADING_SERIES should be ~4.12 (slide 2), given the coefficient on LEADING_SERIES(-2) in...

Sure,

I've attached a PowerPoint which lays out the model I'm referring to.

Thanks,

John

To clarify ... The data values appear to be correct such that the series displayed is the response series. The legend indicates that it is instead the shocked series. Tx.

Hi, I'm using v7.2 When estimating an impulse reponse from a VAR the resulting chart legend indicates that the series shown is the series which should have received the innovation and not the responding series. The data values appear to be correct relative to 'shocked series,' so I'm thinking the on...